banking industry

Italian Government Seeks Bank Bailout Funds From Parliament

The Italian Prime Minister has called for a cabinet meeting to discuss the request for funds from the parliament. The funds will be used to rescue the country's most troubled banks.

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Deutsche Bank co-CEO said consolidation of industry 'inevitable'

Anshu Jain, co-CEO of Deutsche Bank, said the current climate would move banks to consolidate.

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Financial sector near to recovery of S&P top spot

Studies by financial analysts indicated that the banking sector is recovering and may regain top spot on S & P.

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Itau to contest USD8 billion tax charges

Itau Unibanco Holding SA will contest tax charges amounting to BRL18.7 billion (USD7.9 billion).

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China to encourage private capital in banking industry

China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday.

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